Crypto-to-Crypto Exchanges

Once you’ve traded your crypto for fiat, you’ll want to move your newly acquired funds to an exchange with more options. Fiat exchanges don’t usually carry niche currencies, so in order to get those, you’ll use a crypto-to-crypto exchange. These are exchanges that require you to deposit cryptocurrency to start trading. Usually, this means depositing bitcoin (BTC) or ether (ETH).

Other Notable Exchanges to Consider

Cryptocurrency exchanges for USD deposits

Since its founding in 2013, CoinMama led the way as the site where you could purchase crypto with a credit or debit card. This makes it super easy to use. Unlike other exchanges, CoinMama is a buy-only marketplace that allows you to immediately transfer funds to other wallets upon purchase. They also have relatively high fees, but the simple experience makes it easy to use.

GDAX

GDAX is Coinbase’s older brother, run by the same company. We say older brother because GDAX’s interface and functionality attract more advanced investors than Coinbase’s beginner-friendly interface. Many U.S.-based traders who are serious investors gravitate toward GDAX.

Kraken

Kraken came on the scene around the same time as Coinbase in 2011. It’s also based in San Francisco, so they’re rivals. Users seem highly divided on Kraken with some praising the smooth experience on the platform while many others decry its customer service and buggy features.

CEX.io

CEX.io is a London-based exchange that’s been in operation since 2013. They’ve received a fairly good reputation over the years for being user-friendly and well-designed. Recently, echter, there have been customer service issues, so proceed with caution.

Bittrex

Bittrex is based in Seattle and they’ve gained a reputation for wanting to strictly follow U.S. regulations. They’re a safe, well-established option for trading with good customer support.

Crypto-to-Crypto Exchanges

Cryptopia

Cryptopia is known as an exchange for trading niche or less popular altcoins. They have low fees and good customer support. Echter, they don’t accept Ethereum and the small nature of the exchange means low volume for trading.

Poloniex

Poloniex was among the top cryptocurrency exchanges in the world. Echter, its popularity has waned in the face of new competitors, customer support issues, and problems with withdrawals.

Bittrex

Bittrex is based in Seattle and they’ve gained a reputation for wanting to strictly follow U.S. regulations. They’re a safe, well-established option for trading with good customer support.

Cryptocurrencies could go on a bull run greater than last year and pass the trillion-dollar mark in terms of value, experts told CNBC